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MSA's John Ryan III and Bill Lambert to Ring Closing Bell at New York Stock Exchange on Tuesday
Date:4/14/2008

PITTSBURGH, April 14 /PRNewswire-FirstCall/ -- John T. Ryan III, who has served as chairman and CEO of global safety equipment manufacturer MSA (NYSE: MSA) since 1991, and Bill Lambert, MSA president and chief operating officer, will ring the closing bell at the New York Stock Exchange on Tuesday, April 15. The ceremonial bell ringing comes approximately one month before Mr. Ryan will step down as CEO as part of a planned management succession, and turn over that responsibility to Mr. Lambert. The formal transition will occur on May 13 at the company's annual meeting of shareholders.

In March of last year, Mr. Ryan announced his intention to retire as an employee of the company and therefore as Chief Executive Officer in mid-2008, close to the time he reaches age 65. Mr. Ryan has noted that he plans to keep a deep interest in MSA and remain active as a director and shareholder.

"Since our founders, all of the CEOs of the company, who were fortunate to live to age 65, retired from this position at that time and likewise it seems sensible for me to do so also," Mr. Ryan said. "One of my particular satisfactions at this time is the breadth and skill of our management staff at MSA which we have built up over the recent decade and a half. Bill will have an excellent team with whom to work in the years ahead, both at the executive level and at all positions throughout this organization in the many countries in which we have operations."

Mr. Ryan's grandfather, John T. Ryan, co-founded MSA in 1914 and his father, John T. Ryan Jr., transformed the company into a truly world-wide organization as President and then Chairman of MSA from 1952 to 1990. Mr. Ryan Jr. also guided significant product line expansion efforts within the c
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SOURCE MSA
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